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XAUUSD Gold to Test the ATH

119
Gold remains Gold!
XAUUSD

1W
syot kilat
After tripple bottom at arround 1616, Gold has experienced a nice move up-to 1960 while building a beautiful bullish structure.

Then Comes down to 1808, test the old resistance and new support and creates a nice big green candle (bigger than the previous red one)

From FIB perspective, Price has reacted beautifully from
the 0.5 - 0.318 area.

1D
We have an above average buy-volume came in at support 1808 and sellers they are just nowhere to be seen.XAUUSD
A bullish trade setup could be entered at this price level with a risk reward ration of 4.

Let's catch the ATH again!!

Penafian

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